Liquidity Is King: Mobile Savings Vehicles For Poor Individuals

This is the final post of this three-part blog series co-authored by Lisa Kienzle, Ali Ndiwalana,Olga Morawczynski and Ignacio Mas on saving with mobile money using deferred payments or “Me2Me” transactions. Thefirst postexplored user reactions to deferred payments and to goal-based accounts, gathered through focus groups. Thesecond postlooked at rewards that help individuals set aside money to meet financial goals. Today, the authors discuss ways to encourage individuals to keep money in their savings vehicle(s). During the focus groups in Fort Portal, in western Uganda, people quickly grasped the notion of deferred payments as a means of saving

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Liquidity Is King: Mobile Savings Vehicles For Poor Individuals